Page 4 - Minimum Support Price

After farm laws' repeal, focus shifts to ensuring effective delivery of MSP

The agitating farmers said that they are not going to end their protest unless a firm guarantee on MSP is given to them

Govt's 'sinister' design to end MSP, food security, PDS to continue: Sidhu

Sidhu alleged even after the rollback of farm laws, the Centre's "sinister" plan to end assured price, food security for the poor, government procurement and public distribution system will continue.

Farm Laws: BKU hometown Muzaffarnagar shifts focus to minimum support price

With the promise of repeal of contentious farm bills secured, farmers in the UP's Muzaffarnagar have now trained their sights on a law for the Minimum Support Price (MSP).

Centre planning to end MSP, govt procurement, food security for poor: Sidhu

Reiterating that issues related to MSP are bigger than the farm laws, Sidhu alleged that Centre is planning to end MSP, Public Distribution System, government procurement and food security for poor

MSP bigger issue for farmers: Navjot Sidhu on repeal of farm laws

Sidhu on Friday said the minimum support price is the bigger issue than farm laws as it is the lifeline of farmers

Fencing farm risks

Ways must be explored to ensure reasonable returns

Govt can resolve farmers' agitation by MSP guarantee: Satya Pal Malik

Meghalaya Governor Satya Pal Malik on Sunday said that if the Centre would provide a Minimum Support Price (MSP) guarantee through a law, they can resolve the farmers' agitation against the farm laws.Pointing out that the agitating farmer would not compromise on less than the MSP guarantee law, Malik said that it is the only thing that farmers need."If the government (Centre) provide MSP guarantee through a law then it can be resolved (farmers' agitation against the three farm laws). There is only one thing so why are you (Centre) not fulfilling it? They (farmers) will not compromise on less than MSP," he said.Farmers have been protesting nationwide since November 26 last year against the three newly-enacted farm laws: Farmers' Produce Trade and Commerce (Promotion and Facilitation) Act, 2020; the Farmers Empowerment and Protection) Agreement on Price Assurance and farm Services Act 2020 and the Essential Commodities (Amendment) Act, 2020.

Problem of plenty

Procurement alone will not address farm woes

In 6 years before Covid, India's average farm incomes rose 59% and debt 58%

Income varied between farming households disaggregated by size of land holding and between states.

Rural demand expected to get Rs 10,700-cr boost from bumper crops: Report

Rural demand is expected to get around Rs 11,000-crore boost from the record kharif harvest along with the marginal hike in minimum support price, according to a report by Care Ratings

MSP hikes need to be supplemented by higher yields, say experts

Business Standard looks at the MSP hikes of main rabi crops in the last 10 years and their percentage rise compared to previous years

Cabinet approves increase in MSP for all mandated Rabi crops for 2022-23

Oilseeds and pulses get higher MSP raise; MSP for wheat upped by 2%; barley 2.2%, gram 2.5%

Govt hikes wheat MSP by Rs 40 to Rs 2,015 per quintal for 2021-22 crop year

The government on Wednesday hiked the minimum support price for wheat by Rs 40 to Rs 2,015 per quintal and for mustard seed by Rs 400 to Rs 5,050 per quintal for the current crop year.

Govt procures record 89-mn tonnes of paddy for Rs 1.68 trn so far this year

The government has so far procured nearly 890 lakh tonnes of paddy, an all-time high, at MSP in the current marketing year ending September for around Rs 1.68 lakh crore.

Cabinet approves new palm oil mission with MSP-type benchmark assured price

The decision comes after Prime Minister Narendra Modi announced the new central scheme on August 15 during his Independence Day speech at Red Fort.

Govt procures record 43.33 MT wheat in 2021-22 rabi marketing season

The government has procured record 43.33 million tonne of wheat in the 2021-22 rabi marketing season, the Food Ministry said on Monday. Wheat marketing season is from April to March, but bulk of procurement is normally done in the first 3-4 months. The previous record was 38.99 million tonne (MT) in the 2020-21 rabi marketing season. "Hitting an all-time high, 43.33 million tonne of wheat has been procured from most of the wheat procuring states after conclusion of current marketing season 2021-22," the ministry said in a release. About 49.15 lakh farmers have already benefitted from the current procurement operations with an MSP (minimum support price) value of Rs 85,581.39 crore, it said. However, procurement of paddy grown in the kharif season of 2020-21 is still continuing. Kharif paddy is procured between October and September. The ministry said paddy buying is continuing smoothly and so far 86.98 million tonne of paddy has been purchased as against 75.92 million tonne in th

MSP increase not enough to make farmers shift from paddy and wheat

Wheat and paddy farmers unlikely to shift to water-thrifty crops without better return

Govt cheated farmers on Kharif MSP, says Congress

The Congress on Thursday said that farmers have been cheated again as the MSP doesn't give the price equivalent to the input cost

Govt hikes kharif MSP by up to Rs 452/quintal, maximum in pulses, oil seeds

Centre seeks to encourage farmers to move away from paddy to these crops as their domestic output is low and global prices have surged

Govt buys record 418.47 lakh tn wheat at MSP for Rs 82,648 cr this year

The Centre on Wednesday said it has procured a record 418.47 lakh tonnes of wheat so far in the current marketing year that started in April, costing exchequer Rs 82,648 crore. The record procurement of wheat has been achieved amid farmers' protests at Delhi borders since late November 2020. Farmer unions are demanding a repeal of three new farm laws and a legal guarantee of the Minimum Support Price (MSP). The Rabi marketing season (RMS) 2021-22 runs from April to March but the bulk of the procurement gets completed by June. "Procurement of Wheat in ongoing RMS 2021-22 is continuing smoothly in the procuring states of Uttar Pradesh, Bihar, Rajasthan, Gujarat, Himachal Pradesh and Jammu & Kashmir at MSP, as was done in previous seasons," an official statement said. Till June 8, the government has purchased 418.47 lakh tonnes of wheat as against 373.22 lakh tonnes in the corresponding period of the previous year. "About 46 lakh farmers have already been benefitted from the ongoing